Artificial intelligence is on the rise in Germany, and nowhere is the boom any greater than in the capital Berlin.
Industries / Digital Economy
One of the biggest problems faced by online journalism is the difficulty of monetarizing reporting – even though according to Price Waterhouse Cooper 43 percent of Germans are prepared to pay for it.
US company ThoughtSpot, a leading provider of search- and AI-based analyses for businesses, has established its headquarters for German-speaking Europe in Duisburg’s downtown port district.
Blockchain technology provides interesting use cases for the German energy industry. Several projects are underway, for instance in the northern German city of Hamburg.
Unlike centralized Silicon Valley, there are twelve separate digital hubs (“de:hubs”) in Germany. Here, foreign founders and investors find the perfect mix of sustainable networks, excellent research facilities, established economies and innovative startups.
To build the next generation of super-computers, commercial and scientific heavyweights will probably need to team up. For this reason, Google is joining together with Germany’s Jülich Supercomputing Center to further develop this future-oriented technology.
Germans are taking to smart home applications like intelligent lamps and lights and smart heating thermostats. Almost one in three (31%) of more than 1000 people surveyed by Germany’s digital association Bitkom said they use at least one such app. That’s up from 26% in 2018.
Cirplus developed an online platform for recyclates.
Most people like buying clothing, but how many consumers really know everything about how their garments were produced?
Doctolib – a French company that expanded to Berlin in 2016 – has raised €150 million in a second round of funding and is now a unicorn with an estimated value of more than €1 billion.